AnnualReport-1935 — Page 74

Administrative Reports 行政報告書 All AI Reviewed

A 17

ADVANCES.

16. Purchase of three locomotives for the Chinese Section Kowloon-Canton Railway.

The Chinese Section commenced paying off this advance in July, 1932; at the rate of $10,000 per month and the original amount outstanding has been reduced from $447,468.26 by $420,000 to $27,468.26.

17. During the year the Unallocated Stores varied as under:-

Balance at 31st December

1934 1935 Public Works Department $573,052 $519,409 Kowloon-Canton Railway 170,372 137,496 $743,424 $656,905

TRADE LOAN ACCOUNT.

18. During the year one sum of $5,000 was received on Capital Account reducing the amount outstanding to $548,500.50. The total capital now written off amounts to $136,263.30. The reserve account increased to $1,080,801.79 and therefore exceeds the capital outstanding by $532,301.29. It is possible that during the financial year 1936 the whole or a portion of this may be credited to revenue.

The following table shows the financial position of this account as at 31st December, 1935:-

Loans Issued since 16th November, 1925, on approved securities $15,633,582.97 Less Redemptions effected during the years 1926 4,845,879.76 1927 3,403,560.02 1928 1,356,536.86 1929 1,280,842.65 1930 832,241.62 1931 451,828.26 1932 147,000.00 1933 21,000.00 1934 5,000.00 $14,948,819.17 Less amount written off as irrecoverable 136,263.30 Total of Loans outstanding on 31st December, 1935 $548,500.50

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A 17 ADVANCES. 16. Purchase of three locomotives for the Chinese Section Kowloon-Canton Railway. The Chinese Section commenced paying off this advance in July, 1932; at the rate of $10,000 per month and the original amount outstanding has been reduced from $447,468.26 by $420,000 to $27,468.26. 17. During the year the Unallocated Stores varied as under:- Balance at 31st December 1934 1935 Public Works Department $573,052 $519,409 Kowloon-Canton Railway 170,372 137,496 $743,424 $656,905 TRADE LOAN ACCOUNT. 18. During the year one sum of $5,000 was received on Capital Account reducing the amount outstanding to $548,500.50. The total capital now written off amounts to $136,263.30. The reserve account increased to $1,080,801.79 and therefore exceeds the capital outstanding by $532,301.29. It is possible that during the financial year 1936 the whole or a portion of this may be credited to revenue. The following table shows the financial position of this account as at 31st December, 1935:- Loans Issued since 16th November, 1925, on approved securities $15,633,582.97 Less Redemptions effected during the years 1926 4,845,879.76 1927 3,403,560.02 1928 1,356,536.86 1929 1,280,842.65 1930 832,241.62 1931 451,828.26 1932 147,000.00 1933 21,000.00 1934 5,000.00 $14,948,819.17 Less amount written off as irrecoverable 136,263.30 Total of Loans outstanding on 31st December, 1935 $548,500.50

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A 17 ADVANCES. 16. Purchase of three locomotives for the Chinese Section Kowloon-Canton Railway. The Chinese Section commenced paying off this advance in July, 1932; at the rate of $10,000 per month and the original amount outstanding has been reduced from $447,468.26 by $420,000 to $27,468.26. 17. During the year the Unallocated Stores varied as under:- Balance at 31st December Public Works Department Kowloon-Canton Railway 1934 1935. $573,052 $519,409 170,372 137,496 $743,424 $656,905 TRADE LOAN ACCOUNT. 18. During the year one sum of $5,000 was received on Capital Account reducing the amount outstanding to $548,500,50. The total capital now written off amounts to $136,263.30. The reserve account increased to $1,080,801.79 and therefore exceeds the capital outstanding by $532,301.29. It is possible that during the financial year 1936 the whole or a portion of this may be credited to revenue. The following table shows the financial position of this account as at 31st December, 1935:- Loans Issued since 16th November, 1925, on approved securities Less Redemptions effected during the years -$2,604,930.00 $15,633,582.97 1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 4,845,879.76 3,403,560.02.- 1,356,536.86 1,280,842.65 832,241.62 451,828.26. 147,000.00 21,000.00 5,000.00 14,948,819.17 Less amount written off as irrecoverable..... Total of Loans outstanding on 31st December, 1935 684,763.80 136,263.30 $ 548,500.50

2026-05-09 21:00:30 · Baseline

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A 17

ADVANCES.

16. Purchase of three locomotives for the Chinese Section Kowloon-Canton Railway.

The Chinese Section commenced paying off this advance in July, 1932; at the rate of $10,000 per month and the original amount outstanding has been reduced from $447,468.26 by $420,000 to $27,468.26.

17. During the year the Unallocated Stores varied as under:-

Balance at 31st December

Public Works Department Kowloon-Canton Railway

1934

1935.

$573,052

$519,409

170,372

137,496

$743,424

$656,905

TRADE LOAN ACCOUNT.

18. During the year one sum of $5,000 was received on Capital Account reducing the amount outstanding to $548,500,50. The total capital now written off amounts to $136,263.30. The reserve account increased to $1,080,801.79 and therefore exceeds the capital outstanding by $532,301.29. It is possible that during the financial year 1936 the whole or a portion of this may be credited to revenue.

The following table shows the financial position of this account as at 31st December, 1935:-

Loans Issued since 16th November, 1925, on

approved securities

Less Redemptions effected during the years

-$2,604,930.00

$15,633,582.97

1926

1927

1928

1929

1930

1931

1932

1933

1934

1935

4,845,879.76

3,403,560.02.-

1,356,536.86

1,280,842.65

832,241.62

451,828.26.

147,000.00

21,000.00

5,000.00

14,948,819.17

Less amount written off as irrecoverable.....

Total of Loans outstanding

31st

December, 1935

684,763.80 136,263.30

$ 548,500.50

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